Avalanche Performance

AVAX Crypto  USD 33.97  5.40  13.72%   
The crypto shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Avalanche's returns are expected to increase less than the market. However, during the bear market, the loss of holding Avalanche is expected to be smaller as well.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Avalanche are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Avalanche exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Avalanche Relative Risk vs. Return Landscape

If you would invest  3,356  in Avalanche on January 17, 2024 and sell it today you would earn a total of  41.00  from holding Avalanche or generate 1.22% return on investment over 90 days. Avalanche is generating 0.2025% of daily returns and assumes 6.2121% volatility on return distribution over the 90 days horizon. Simply put, 54% of crypto coins are less volatile than Avalanche, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
Assuming the 90 days trading horizon Avalanche is expected to generate 9.95 times more return on investment than the market. However, the company is 9.95 times more volatile than its market benchmark. It trades about 0.03 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.15 per unit of risk.

Avalanche Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Avalanche's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Avalanche, and traders can use it to determine the average amount a Avalanche's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0326

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Estimated Market Risk

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54% of assets are less volatile

Expected Return

  actual daily
97% of assets have higher returns

Risk-Adjusted Return

  actual daily
98% of assets perform better
Based on monthly moving average Avalanche is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Avalanche by adding it to a well-diversified portfolio.

About Avalanche Performance

To evaluate Avalanche Crypto Coin as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Avalanche generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Avalanche Crypto Coin's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Avalanche market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Avalanche's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Avalanche is peer-to-peer digital currency powered by the Blockchain technology.
Avalanche had very high historical volatility over the last 90 days
Latest headline from news.google.com: Binance executive detained in Nigeria amid a crypto crackdown has escaped custody - ABC News
When determining whether Avalanche offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avalanche's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avalanche Crypto.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalanche. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Please note, there is a significant difference between Avalanche's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Avalanche value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Avalanche's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.